Today, Facebook announced that they were officially going to but the photo sharing network Instagram for $1 billion in a combination of cash and stock.
"We don't plan on doing many more of these, if any at all," Zuckerberg wrote."But providing the best photo sharing experience is one reason why so
many people love Facebook and we knew it would be worth bringing these
two companies together."
It is unceratin what buying this company will do, and only time will tell.
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